InsurTech

Solutions

Promote safer and more responsible driving, minimize mobility-related risks, and reduce insurance costs

Targa Telematics’ solutions are developed based on information collected from millions of diverse IoT devices, selecting the most suitable source for the type of service to be delivered. The technological platform is powered by data generated by OEM sensors, aftermarket devices, smartphones, smart tags, or other connected devices to provide industry operators with exactly the services they need.

We support insurance companies, insurance intermediaries, brokers, and their customers in developing the most innovative solutions on the market, while ensuring flexibility and added value for all stakeholders involved. The ecosystem developed by Targa Telematics delivers risk profiles based on individual driving data, automatic and precise reconstructions of potential accidents, services that streamline and enhance claims management processes, and effective systems to combat fraud.

Furthermore, we provide motor insurance players with both the technological components and the know-how necessary to implement UBI policies, capable of covering insurance risks for new shared mobility services, such as car sharing or peer-to-peer solutions.

Regardless of how the industry evolves, Targa Telematics has always been a reliable partner in developing the future of insurance products.

Objectives

We help every partner achieve their unique goals

For insurance companies

We harness the potential of connected vehicles to provide insurance companies with precise risk assessments, fraud reduction, rapid claims management, road safety promotion, and new personalized policies.

Our clients can flexibly adjust their insurance offerings, ensuring better services, efficient processes, and enhanced competitiveness.
In the event of vehicle theft, Targa Telematics solutions enable vehicle recovery and provide geolocated assistance.

For intermediaries and brokers

Brokers and insurance intermediaries can offer customizable policies and deliver better advice based on new data insights, increasing customer satisfaction. Additionally, they can attract new clients interested in flexible, data-driven solutions and offer complementary services such as safety alerts or roadside assistance, boosting customer retention.

More effective and transparent management of policies and potential claims also minimizes operational management costs.

Our InsurTech solutions deliver clear and sound value to customers

Claims management

Our technological solutions simplify the claims management process by facilitating the determination of liability using detailed information about the incident dynamics.

Fraud detection

The reconstruction of the accident dynamics created by our solution provides an objective snapshot of events, helping you prevent fraud, data tampering, and interpretation errors.

First Notice of Loss (FNOL)

Automatic alerts drive the FNOL process by notifying you live of a potential accident. This allows you to immediately carry out the necessary checks to verify the validity of the report, independently validate alarms, and enhance the service and support levels provided to your customers.

Accident reconstruction

The solution leverages AI algorithms to process data recorded by the black box and accurately reconstruct the accident dynamics, identifying actual liabilities for any damages.

Driver profiling

Every driver has a unique driving style and behavior, representing different levels of risk. Our technology enables you to create accurate profiles based on statistical data and historical behavioral analyses.

Risk management

Accurate driving profiles allow the assignment of appropriate risk levels to each user. Insurance companies can diversify their offerings, rewarding safer drivers. Corporate clients can define suitable policies to manage risks or implement hazard control measures.

Tailored offerings

Insurance companies can offer personalized pricing models based on driving style (pay-how-you-drive) or actual vehicle usage (pay-per-drive).

Safety

Safety and protection while driving. In case of an accident or emergency, our services provide 24/7 assistance and rapid response. In the event of theft, we offer vehicle recovery services in collaboration with law enforcement.

Control Rooms

We operate European-based 24/7 Control Rooms with multilingual support and specially trained operators.

Driver assistance

In emergencies, the driver can request assistance from the Control Room, which activates rescue services and directs them to the vehicle’s location.

Stolen Vehicle Recovery

This service enables the tracking and recovery of stolen vehicles in collaboration with law enforcement. If the vehicle cannot be recovered, the solution facilitates the claims process for compensation.

Targa Drive

The smart solution for safer driving and more efficient insurance processes.

First class experiences

InsurTech